When a Long Term Car Loan
This presentation is the property of its rightful owner.
Sponsored Links
1 / 9

When a Long Term Car Loan is Better than Short Term PowerPoint PPT Presentation


Short term loans are usually the best option since you get out of debt rather quickly and interest payments are lower compared to a long term loan. There are circumstances however when a long term loan will leave you better off financially during the term of the loan.1800 Approved Finance Solutions33 Ereton Dr.Arundel, QLD 42141800277768http://www.1800approved.com.au/

Download Presentation

When a Long Term Car Loan is Better than Short Term

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


When a long term car loan is better than short term

When a Long Term Car Loan

is Better than Short Term

1800 Approved Finance Solutions

33 Ereton Dr.

Arundel, QLD 4214

1800277768

http://www.1800approved.com.au/


When a long term car loan is better than short term

Whenever we purchase something new,

our usual wish is to own it in full, as

soon as possible. When the item we’re

purchasing is something that loses

value quite quickly, then the desire is

even stronger.

Like CARS!


When a long term car loan is better than short term

The problem is this. When you borrow more

than you can comfortably repay each month,

you risk getting into a very tricky situation.

Not only are you faced with going short in

other areas so you can make those higher

monthly repayments, but you’re also facing

a bad credit rating if you default on the loan.


When a long term car loan is better than short term

As the financial pressure builds,

desperate people do desperate

things.

Some people will take out

another loan to pay off their car

loan, getting themselves into a

worse financial situation.


When a long term car loan is better than short term

Frequently people take out a short term loan from a website, a store at

the run down end of the high street, or a bank that not many people

have heard of.

It’s a handy solution, usually “just until things pick up a bit”. Right.


When a long term car loan is better than short term

If you’re the borrower, you’re

borrowing from Peter to pay Paul, as

the saying goes. You’re simply

putting off today's problems until

tomorrow.


When a long term car loan is better than short term

If all this sounds unpleasant, that’s because

it is. The best course of action is to avoid

getting into that situation in the first place.

When looking for car finance, only borrow

from a responsible lender who will help you

to assess how much you can afford to repay.


When a long term car loan is better than short term

While interest on repayments may amount

to a higher total on longer term loans, the

individual repayments you commit to are

usually smaller and more manageable.

With no financial pressure, you’re left free

to enjoy your new vehicle, with all the fun

and none of the fear.

1800 Approved Finance Solutions

33 Ereton Dr.

Arundel, QLD 4214

1800277768

http://www.1800approved.com.au/


When a long term car loan is better than short term

At 1800Approved, we love helping people drive home with their

dream cars. We assess your needs and help you compare quotes from

over 30 of the top lenders in Australia. We help you choose the best

deal so you can enjoy your new car without putting your finances at

risk.

Call us. Free Assessment. No Obligation

1800 Approved Finance Solutions

33 Ereton Dr.

Arundel, QLD 4214

1800277768

http://www.1800approved.com.au/


  • Login